Interest Rates news
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ECB and Bank of England expected to hold rates as inflation shock clouds outlook
The Iran war has lifted energy prices and revived stagflation concerns, but economists expect both central banks to wait for clearer evidence before tightening again
Trump-Powell feud nears its end after years of public clashes
As Jerome Powell prepares to step down and Kevin Warsh awaits confirmation, the fight over rates, renovation costs and Fed independence remains central to the handover
Powell faces stay-or-go decision as DOJ closes probe
The Justice Department’s move shifts scrutiny of Fed renovations to the central bank’s inspector general and may clear Kevin Warsh’s path to confirmation
Warsh’s inflation gauge could complicate his Fed pitch
Trump’s nominee for Federal Reserve chair told senators he favors trimmed inflation measures. Bank of America says that approach may not always deliver a softer reading